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CITY OF PARIS, TEXAS Notes to Financial Statements (Continued) September 30, 2023 IV. Detailed -Notes on All Activities and Funds (Continued) N. Interf ind Transactions and Balances (Continued) Due To/Due Froms for the year ended September 30, 2023 consisted of the following: Due to Debt Service Fund From: Water Sewer Fund $ 70,000 General Fund 2,637 Total Due to Debt Service Fund $ 72ab37 Due to Special Revenue Fund From: General Fund $ 82,712 Total Due to Special Revenue Fund $ 82,712 Due to Fiduciary Fund From: General Fund $ 700 Total Due to Fiduciary Fund $ 700 The amounts payable to the Funds above relate to operating activities. These balances are scheduled to be collected in the subsequent year. O. Restricted Net Position and Restricted Asset Accounts In order to safeguard the financial integrity of the water and sewer system, the City Council approved a resolution establishing and maintaining funds comparable to those required by the revenue bonds refunded in 2010. At September 30, 2023, these accounts, shown as cash and investments on the Statement of Net Position — Proprietary Funds, are as follows: Reserve Fund Contingency Fund $ 10,453,172 678,097 Collections of notes receivable are restricted by grant agreements to be used for building rehabilitation. The balances of the City's restricted asset accounts are as follows: 75 Other Receivables ..—...........— $ 778,990 $ 778,990 Certificates of Deposit and Cash and Cash Other Equivalents Investments Grants Receivable $ - $ Lake Crook 4,156 - Contingency 616,760 61,337 Loan 40,553 - Bond Reserves and Sinking Funds 3,040,178 7,412,994 Construction 2,854,876 47,772,560 Other 232.853 - Total Restricted Assets $ 6,789,376$ $ 55 246 891 75 Other Receivables ..—...........— $ 778,990 $ 778,990